Of course, I use Money-On-Chain (MoC), yes. At the moment, I've only invested into BPRO, to provide liquidity for people who need to mint DOC (Dollar-on-Chain), which is the first stable coin backed by Bitcoin, not by FIAT (USD) like USDT, USDC, etc.
By holding BPRO, I also provide liquidity for the third product of MoC, BTCx2, a leveraged position on BTC.
I get reward in for of MOC (the governance token of the platform) and a small leverage on the price of BTC (the largest part goes to BTCx2).
Do you use MoC? Is it competitive with other stablecoins (like Tether) or has some other use case?
Of course, I use Money-On-Chain (MoC), yes. At the moment, I've only invested into BPRO, to provide liquidity for people who need to mint DOC (Dollar-on-Chain), which is the first stable coin backed by Bitcoin, not by FIAT (USD) like USDT, USDC, etc.
By holding BPRO, I also provide liquidity for the third product of MoC, BTCx2, a leveraged position on BTC.
I get reward in for of MOC (the governance token of the platform) and a small leverage on the price of BTC (the largest part goes to BTCx2).